Listed by: Jeff Fidler, Jeffery Franklin Fidler
$1,170,000
●
House -
Off Market
55405 Turnberry Way
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,227 Ft²
$2,153,363
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
One of the Most Stunning Homes at the Greg Norman. This Beautiful
Model-like Las Ventanas Home offers incredible value, you just have
to See It! The Seller has Spent over $50,000 in Improvements
including Rear Patio Shade Awnings, Pool Salt Cell, High Quality
Beds, Furniture in the Casita, Ceiling Fans, New Entrance Door Cast
Concrete Surround, Smart NEST Thermostats, and much, much more.
This Elegant Home includes 3 bedrooms, all Ensuite and Well
Appointed in the Main House with a Sensational 2-Room Casita,
Perfect for Guests. Step inside the Grand Hallway and your Eyes are
immediately drawn to the Beautiful Mountain and Golf Course Views
framed by a Wall of Disappearing Glass, perfect for Entertaining.
Gourmet Chef's Kitchen with Wolf and Sub-Zero Appliance Package.
Stunning pool and spa, with a Loggia (outdoor fireplace and TV
area) accented by a Built-in Barbecue area. Offered Turnkey
Furnished, with exceptions. Home comes with five figure rental
income for 2016 season.
Unit Size
4,227 Ft²
Days on Market
307 days
Land Size
0.27 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
$550
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #215018172DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2016 | Sold | ||
| Sold | |||
| Jun 13, 2015 | Listed by Jeffery Franklin Fidler | $1,250,000 | |
| Listed by Jeffery Franklin Fidler | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Norman Course
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Listed by: Jeff Fidler, Jeffery Franklin Fidler
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215018172DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215018172DA
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